Japan markets are hitting multi-decade highs — will Nikkei scale a new peak?

Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024.

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After a tumultuous start to the year, Japan’s benchmark Nikkei 225 broke past the 35,000 mark for the first time since February 1990 and has been scaling new 33-year highs.

The rally in Japan’s equity market, which started on Jan. 5, has also seen the broad-based Topix hitting 33-year highs.

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